African Alliance diversifies
into stock broking
The African Alliance Group has announced the launch of its new stock broking division – African Alliance Botswana Securities, a full member of the Botswana Stock Exchange and the fourth licensed stock broking firm in Botswana. This increases to four the number of operating companies in its stable in Botswana.
The firm led by Steve McIntyre will commence trading shortly, pending the implementation of its state of the art brokerage platform.
Commenting on the launch Don Gaetsaloe Chief Executive of African Alliance Botswana said “there is a strong securitization trend emerging in Botswana, there have been two new listings in 6 months and the Botswana Stock Exchange’s market capitalization has grown significantly during the past five years. When you combine these variables with African Alliance’s track record of performance and comprehensive research coverage of 19 stock-exchanges across Africa, including Botswana, we are certain our new brokerage will bring genuine competition to this space and broaden the choices that investors have available to them. Our stock broking business will focus on efficient execution, superior client service and world-class research publications.”
Steve McIntyre said “our aim is to become the top broker in Botswana within twenty four months. We will use our proprietary technology, depth of experience in Africa, the highest standards of integrity and client service innovation in our quest to get there”.
Vision 2016 Compliance and
Excellence Awards
Vision 2016 Secretariat will once again host the Vision 2016 Compliance and Excellence Awards at a dinner dance on 26th September 2008. The Vice President Lt. Gen. Mompati Merafhe will be the guest speaker.
About 600 guests from government, parastatals and the business community are expected to attend. Individuals and organizations that have shown commitment and compliance to the realization of Vision 2016 will receive recognition for their outstanding performance under each pillar. Over the years, the profile of this event has elevated remarkably, through financial assistance from the different stakeholders.
The theme for this year is “Turning Challenges into Opportunities the Journey Continues”. This promises to be an exciting event that will provide a lot of mileage for sponsors and networking opportunity for the guests. Those wishing to take advantage of this platform are encouraged to contact the Secretariat or The Business Centre for various sponsorship opportunities. Dinner tickets are for sale at P5000 for a table of ten or P500 per person.
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